and provincial towns Lao banking centres around three all- or part-government-owned banks: the Lao Development Bank (LDB the Bank for Agricultural Development and the Lao Bank for Foreign Trade (bcel Banque pour le Commerce Exterieur Lao). Money transfer between Thai and Lao banks For transfers to a Vientiane bank account from overseas it may be possible via a bank account in Thailand ( swift then arranging a transfer to Laos, but you should check with the Thai bank and compare the. Foreigners can open US dollar, baht or kip accounts at this branch too. 10,000 kips is worth 40 Thai baht,.10,.80 or US1.25.
Upcountry, especially in remote villages it's advisable to pay in kip. Lao Kip Tip : Unless you want to keep Lao banknotes as souvenirs, change your kips back into baht or dollars before you leave. Funds will be available in kip, baht or US dollars. See the daily rates table on the right for other main currencies; more at the foot of the page about Lao currency history. Baht or US dollars are accepted in payment virtually everywhere, as well as the Lao kip equivalent.
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